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MVR
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MWK
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MWK
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MXN
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MXN
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MXN
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MXN
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MXN
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MYR
MYR
MXN
MYR
MYR
MYR
MYR
MYR
MYR
MYR
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OMR
OMR
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OMR
OMR
OMR
OMR
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PAB
PAB
PAB
PAB
PAB
PAB
PAB
PAB
PAB
PAB
PAB
PAB
PEN
PEN
PEN
PEN
PAB
PEN
PEN
PEN
PEN
PEN
PEN
PEN
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PGK
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PGK
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PHP
PHP
PHP
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PHP
PHP
PHP
PHP
PHP
PHP
PHP
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PKR
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PLN
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RON
RON
RON
RON
RON
RON
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RSD
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RUB
RUB
RUB
RUB
RUB
RUB
RUB
RUB
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RUB
RWF
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RWF
RWF
RWF
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RWF
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RWF
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SAR
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SAR
SAR
SAR
SAR
SAR
SAR
SAR
SBD
SBD
SBD
SAR
SBD
SBD
SBD
SBD
SBD
SBD
SBD
SBD
SBD
SBD
SBD
SCR
SCR
SCR
SCR
SCR
SCR
SCR
SCR
SCR
SCR
SCR
SCR
SDG
SDG
SCR
SDG
SDG
SDG
SDG
SDG
SDG
SDG
SDG
SDG
SDG
SDG
SEK
SEK
SEK
SEK
SEK
SEK
SEK
SEK
SEK
SEK
SEK
SEK
SGD
SGD
SEK
SGD
SGD
SGD
SGD
SGD
SGD
SGD
SGD
SGD
SGD
SGD
SHP
SHP
SHP
SHP
SHP
SHP
SHP
SHP
SHP
SHP
SHP
SHP
SLL
SLL
SHP
SLL
SLL
SLL
SLL
SLL
SLL
SLL
SLL
SLL
SLL
SLL
SRD
SRD
SRD
SRD
SRD
SRD
SRD
SRD
SRD
SRD
SRD
SRD
SSP
SSP
SRD
SSP
SSP
SSP
SSP
SSP
SSP
SSP
SSP
SSP
SSP
SSP
STD
STD
STD
STD
STD
STD
STD
STD
STD
STD
STD
STD
STN
STN
STD
STN
STN
STN
STN
STN
STN
STN
STN
STN
STN
STN
SVC
SVC
SVC
SVC
SVC
SVC
SVC
SVC
SVC
SVC
SVC
SVC
SYP
SYP
SVC
SYP
SYP
SYP
SYP
SYP
SYP
SYP
SYP
SYP
SYP
SYP
SZL
SZL
SZL
SZL
SZL
SZL
SZL
SZL
SZL
SZL
SZL
SZL
THB
THB
SZL
THB
THB
THB
THB
THB
THB
THB
THB
THB
THB
THB
TJS
TJS
TJS
TJS
TJS
TJS
TJS
TJS
TJS
TJS
TJS
TJS
TMT
TMT
TJS
TMT
TMT
TMT
TMT
TMT
TMT
TMT
TMT
TMT
TMT
TMT
TND
TND
TND
TND
TND
TND
TND
TND
TND
TND
TND
TND
TOP
TOP
TND
TOP
TOP
TOP
TOP
TOP
TOP
TOP
TOP
TOP
TOP
TOP
TOP
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TTD
TTD
TRY
TTD
TTD
TTD
TTD
TTD
TTD
TTD
TTD
TTD
TTD
TTD
TTD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TZS
TZS
TWD
TZS
TZS
TZS
TZS
TZS
TZS
TZS
TZS
TZS
TZS
TZS
TZS
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UGX
UGX
UAH
UGX
UGX
UGX
UGX
UGX
UGX
UGX
UGX
UGX
UGX
UGX
UGX
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UZS
UZS
UYU
UZS
UZS
UZS
UZS
UZS
UZS
UZS
UZS
UZS
UZS
UZS
UZS
VES
VES
VES
VES
VES
VES
VES
VES
VES
VES
VES
VES
VES
VND
VND
VES
VND
VND
VND
VND
VND
VND
VND
VND
VND
VND
VND
VND
VUV
VUV
VUV
VUV
VUV
VUV
VUV
VUV
VUV
VUV
VUV
VUV
VUV
WST
WST
VUV
WST
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NewsBTC
2021-09-24 13:39:46
Ethereum Steers Into Support, Time For More Slump Or Return to Previous Highs?
Ethereum follows the general sentiment in the market and trends downwards in the daily and weekly charts. After news about a confirmed FUD on China banning crypto-related operations, a portion of the market reacted negatively and created selling pressure. This sent Bitcoin and Ethereum back to their critical support zones. At the time of writing, ETH trades at $2,842 with an 8.2% and 20.4% loss in the daily and weekly charts, respectively. Ethereum technical indicators turned red as the price retraced south of the $3,000 territory with momentum in favor of the bears. However, the Relative Strength Index (RSI) remains neutral at a 39.51 value. Related Reading | TA: Ethereum Lacking Bullish Momentum, Why ETH Holders Are Safe This could suggest a reversal in the current trend if combined with the fact that the FUD coming from China was already price-in by another portion of the market. Trader Rekt Capital commented the following on the price action and those affected by “FUD from China”: BTC investors who have been in the market for a while have heard many different iterations of FUD from China. But newer investors, unarmed with this experience, are the ones who are affected most. Their panic selling is what is fuelling this recent downside. What Could Trigger A Rebound On Ethereum? Ethereum’s recent low stands at $2,652, the price is reached at the beginning of the weak on the back on the potential default of Chinese ...
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